Today's press
-
Fed Has Met Jobs Mandate. On Inflation, Not So Much
With the unemployment rate now at 4.8 percent -- well within the Fed's central tendency of 4.7 to 5.0 percent -- it's hard to argue that the jobs market isn't humming. But the inflation part of the mandate requires careful attention because the central bank continues to miss its target of 2 percent.
-
Hammond admits 'Brexit fog' impact on investment
Chancellor Philip Hammond has acknowledged that Brexit uncertainty may cause firms to delay investment.
-
China's questionable GDP numbers: Why does it even bother?
To the absolute surprise of no one, Chinese economic growth came in at an annualised growth rate of 6.7 per cent in 2016.
Forex quotes:
- USDJPY: 115.17
- EURUSD: 1.0633
Indices:
- S&P 500: 2263.69
- NASDAQ : 5540.08